Price intervention bears fruit: Zanu PF

Zimbabwe's Commander Defence Forces General Constantino Chiwenga attends the extraordinary conference of the Zanu-PF, Zimbabwe's ruling party, in Harare December 15, 2017. / AFP PHOTO / Jekesai NJIKIZANA

THE Zanu PF politburo yesterday claimed that its taskforce to enforce prices stability in the country had made significant progress in reducing the prices of several goods and services, which had risen beyond the reach of most citizens.

BY STAFF REPORTER

The taskforce is headed by Vice-President Constantino Chiwenga.

Addressing journalists after a politburo meeting, Zanu PF spokesperson, Simon Khaya Moyo said the ruling party would continue to monitor pricing of goods on a quarterly basis to deal decisively with price rises.

“The report (on prices) was extensively discussed, focusing on price stabilisation. The report reflected that multi-stakeholder engagement was undertaken with industry, civil society, government and other sections of the community,” he said.

“The report notes that fuel, as a cost driver across the board and its impact on the general populace, has to some extent been addressed and will continuously be monitored.”

Moyo said the party also discussed President Emmerson Mnangagwa’s recent trips to Davos, Switzerland, for the World Economic Forum and the African Union summit in Ethiopia.

The politburo also discussed the poor crop situation in the country following erratic rains across the country.

Moyo said Zanu PF was coming up with mitigation measures such as irrigation to minimise the impact of erratic rainfall.

Although not giving details, Moyo said the politburo discussed the commissariat report that looked into the state of the party following the purging of G40-aligned members.

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10 Comments

  1. As long as we continue not to have USD, and use a funny currency called Bond ..there will always be price issues. Those premiums on forex will have to be paid by someone in a price for something. Dont fool yourselves.

  2. Comment…There is nothing funny about the bondnotes, whats needed is an increase in forex and prices will stablise. Bring back the $15 billion Chiadzwa diamonds and prices will tumble. ED hasnt anything about it as he is deeply involved in the looting

  3. Comment…last sentence should read, ED hasnt said anything because he is deeply involved in the looting just as in Gukurahundi. The silence is deafening

  4. KWEDU MAPRICES STILL HIGH ,,,,, DZ EXTENSION AT KEMBO SHOPPING CENTRE THERE ARE 3 PRICES PER ITERM ECOCASH,CASH AND SWIPE,,,,

  5. AT KEMBO SHOPS DZ EXTENSION THE PRICES ARE STIL STILL HIGH ,,THERE ARE THREE PRICES , ECOCASH, CASH AND SWIPE

  6. thank you vp i understand most pricess of skin lightining creams have also come down, thumbs up continue the good work.

    1. kkkk lightning will kill you. It’s skin lightening creams

  7. Taguta Padarewekumusha

    Comment…Kwasara mari dzinotambirwa namayor nevashandi vose veguta reHre.

  8. Bhudhi Mudyiwa Mukuwasha Watakaruza

    Comment…Fuel ngaidzikezve.

  9. General Chiwenga could be a trusted man to tuckle issues concerning incompetence in our gvt.We have had plenty imported goods ,groceries in our
    mcountry and noone seems concerned at all.Toothpaste,soaps,hwahwa and clothing all these products can be locally manufactured and save currency and drive up GDP growth.Chiwenga is a military man who can effectively intervene on these imports.Our industries will grow if we localize production.Why politicians and Reserve Bank dont see this is a mystery.Colgate imports from SA could be around 10m per month sustaining about 5000 jobs in South Africa,not in Zimbabwe.This is very SAD and INCOMPETENCE of our admin.

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